RAP Exam English Practice Demo Test 2

Asvath is illiterate. He wants to take policy and surya is a friend of his help him is answering questions and answers and also fills proposal . In addition to this requirement is

For Logging a Policy , a person gives Baptism CERTIFICATE & Ration Card . What is this ?

To be a valid contract ,the declaration is necessary in which document

Mr. ABC buying Term insurance policy, insurer should mention Ombudsman address in which part of policy document?

Zainab takes insurance in the life of Jasmeet. Zainab will be called as

Mr.Suresh dies one day before the grace period without paying the premium, what is th claim payable

Loan is available for a policy in which there is a feature of

Appointee’s role

how many nominees can be attached to a term insurance policy

if a policy has two nominee mentioned what should be the Min allocation

a Policy holder takes a insurance contract for 30 years and the SA reduces after 25 years what could be the likely reason

A life insurance policy can only be made paid up if what particular policy feature exists?

Reasons for surrender of the policy

While calculating Human life value (HLV) two components need to be kept in mind , the one is take home salary and other is

Annual premium of insurance product is Rs. 32,000, 4% loading on Quarterly mode of payment What is the quarterly premium?

why ACR

In a 20 year with profit policy,persist ency Bonus is paid at the end of

While Underwriting Mr X proposal , its found that there has been CRIMINAL case against him in Fraudulent act .What type of Risk this will be categorized Into ?

Mr A wants insurance cover . But he is drinks alcohol frequently . What kind of hazard you may categorize?

Who IS the primary underwriter of the customer?

Claim was settled however full Sum assured not paid though the policy was in force due to

Lien can be considered an alternative of which of the following

what is the special report that is asked by the underwriter from the officer of the insurer

As per the norms of risk assessment by U/W both the parents of a policy holder died in their early 30s due to Heart disease, what is the risk assessed

Hari wants a constant life cover till his 31st birthday. But he cant afford to pay high premiums. The best suited products for him would be

At the time of maturity , quarter of the SA is paid though the policy was in force

Weekly premiums are generally collected for which type/range of palns

Mr A is planning to invest and his needs are :1 Protection for is Income , during his absence 2.children education

What tax rate,if any,will be applicable to a life insurance policy holder for the maturity proceeds of a Rs 5000 life insurance policy

A policy holder can pay the premium of Rs 5,00,000 and what could be the max tax efficiency he is entitles to

Ram has Invested Rs 5000 in PPF & Rs 1 Lakh in Life insurance premium . In which he will get maximum Tax Benefit

Mr.Sumesh takes a policy and pays premium of 20000 with a sum assured of 300000, what will be the tax implication on his maturity amount

without submitting any form of claim,a life insurance policy holder received payments of survival then what type of policy he is holding

what is the special feature of ulip that ensures customer risk profile for long time insurance policies

The best way to overcome the problem of investment decision depends mainly on peer influence is

A person who has a temporary job Loss , where should he look for Investing other than FD

RBI increased interest rates 2 times then the stock prices

A person Wants to invest in a FD for Tax benefit , How many years he has to take the term of the FD ?

aditya wants to take home loan and his monthly take home is 80,000 what as a best practice should be the maximum EMI

Ramesh has invested in Post office Monthly Income Scheme. The interest rate was set at 6%. What will be the effect of rate in going years.

A person is holding 100 GOLD ETF certificates . How many grams of GOLD does he Have ?

A customer while investing in to Recurring deposit or Cumulative deposit what are the key factors which will matter

A person planning to invest in Kisan Vikas Patra will go to

If a person chooses Cumulative deposit than Recurring deposit ,difference will be in

A policy holder pays identical premium amount for ULIP and EPF where he gets max tax efficiency

Investing in ULIP plans exempts a maximum up to what limit for Income Tax

Suresh wants to transfer his physical gold to gold exchange traded fund,in relation to access,this change will

An Investor has invested in Debt mutual fund,he is ideally looking for

Omkar Started a pension policy with provider A but ended up in taking the annuity payment from provider B.The result directly reflect the which feature available with this policy

what frequencies can one take annuity